Summary
FedEx Corporation (FDX) reported its second-quarter fiscal year 2011 results for the period ending November 29, 2010. The company demonstrated improved financial performance compared to the prior year, driven by increased shipping volumes and effective cost management across its business segments. Revenue growth was notable, reflecting a recovering global economy and strong demand for FedEx's express, ground, and freight services. This performance indicates a positive trajectory for the company as it navigates the post-recessionary environment.
Financial Highlights
38 data pointsBeta
Financial Statements
Beta
| Revenue | $9.63B |
| Operating Income | $469.00M |
| Net Income | $283.00M |
| EPS (Basic) | $0.90 |
| EPS (Diluted) | $0.89 |
| Shares Outstanding (Basic) | 314.00M |
| Shares Outstanding (Diluted) | 316.00M |
Key Highlights
- 1The company experienced revenue growth in the second quarter, signaling a recovery in shipping demand.
- 2Operating income showed improvement, suggesting successful cost control measures and operational efficiencies.
- 3Cash flow from operations remained robust, providing financial flexibility and supporting ongoing business needs.
- 4The report details the financial performance of key segments including FedEx Express, FedEx Ground, and FedEx Freight, with each contributing to the overall improved results.
- 5Management discussed the outlook for the remainder of the fiscal year, highlighting factors that could influence future performance, such as economic conditions and competitive pressures.
- 6The filing includes risk factors that investors should consider, such as global economic volatility and fuel price fluctuations.